India's economic growth has surprised even optimists. Nobody thought that it would exceed 7 percent. It did last year. In fact, the last quarter ended with a little over 8 percent.
With the country's foreign exchange reserves crossing 100 billion US dollars, even optimism is turning into disbelief.
All these have demolished a few myths. One, political coalitions cannot propel high growth. Well, this has been proved wrong.
For some years now, critics and cynics have argued that a coalition government -- especially of the kind that India has had with a Hindu nationalist party heading 20-plus partners of various shades of political thinking -- is unlikely to keep alive the economic reforms process that began a little over a decade ago.
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